CALC and Icelandair Announce New Lease Agreement for Two A321LR Aircraft First Collaboration Marks CALC’s Continued Expansion in Europe

Hong Kong- 12 September 2025 - China Aircraft Leasing Group Holdings Limited ("CALC" or the "Company", SEHK stock code: 01848), a full value-chain aircraft solutions provider for the global aviation industry is pleased to announce its first collaboration with Icelandair, Iceland's flag carrier, for two brand-new Airbus A321LR aircraft.

The aircraft are scheduled for delivery during late 2026 and will come from CALC's direct orderbook with Airbus. This marks the first cooperation between CALC and Icelandair, extending CALC's footprint into Northern Europe while supporting Icelandair's ongoing fleet renewal strategy.

"We are delighted to launch this new partnership with Icelandair," said Winnie Liu, President and CCO of CALC. "As a trusted partner to airlines worldwide, we are committed to delivering flexible and efficient fleet solutions aligned with our customers' long-term strategies."

Bogi Nils Bogason, CEO of Icelandair, commented: "We are excited to welcome CALC as a new partner in our fleet development journey. The addition of these two Airbus A321LR aircraft supports our strategy to modernize our fleet with more efficient and environmentally friendly aircraft. This agreement reflects our commitment to delivering an exceptional travel experience while strengthening our transatlantic network"

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